| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
IT Stock Overview
Gartner, Inc. operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally.
Gartner Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$275.08 |
| 52 Week High | US$369.00 |
| 52 Week Low | US$149.74 |
| Beta | 1.55 |
| 1 Month Change | -15.50% |
| 3 Month Change | -15.23% |
| 1 Year Change | 71.49% |
| 3 Year Change | 108.60% |
| 5 Year Change | 173.55% |
| Change since IPO | 8,446.18% |
Recent News & Updates
We Think Gartner (NYSE:IT) Can Manage Its Debt With Ease
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Gartner: A Must-Have Company For Your Watchlist
The company operates in a large market and has a strong competitive positioning. We expect Gartner to continue to grow and improve its profitability. In addition, the company is actively creating value for investors through share buybacks. According to our valuation, the company is trading at a fair price. We add the company to the watchlist and wait for the market to allow buying cheaper.
With EPS Growth And More, Gartner (NYSE:IT) Is Interesting
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Why Gartner, Inc. (NYSE:IT) Could Be Worth Watching
Today we're going to take a look at the well-established Gartner, Inc. ( NYSE:IT ). The company's stock saw significant...
Shareholder Returns
| IT | US IT | US Market | |
|---|---|---|---|
| 7D | -3.8% | -6.6% | -6.1% |
| 1Y | 71.5% | -9.4% | 4.2% |
Return vs Industry: IT exceeded the US IT industry which returned -9.4% over the past year.
Return vs Market: IT exceeded the US Market which returned 4.2% over the past year.
Price Volatility
| IT volatility | |
|---|---|
| IT Average Weekly Movement | 5.0% |
| IT Industry Average Movement | 8.4% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: IT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: IT's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 15,600 | Gene Hall | https://www.gartner.com |
Gartner, Inc. operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment offers objective insights and advice on the priorities of various leaders in a range of functional areas of the enterprise through reports, briefings, proprietary tools, access to research expert, peer networking services, and membership programs that enable clients to drive organizational performance.
Gartner Fundamentals Summary
| IT fundamental statistics | |
|---|---|
| Market Cap | US$22.62b |
| Earnings (TTM) | US$703.81m |
| Revenue (TTM) | US$4.54b |
32.1x
P/E Ratio5.0x
P/S RatioIs IT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IT income statement (TTM) | |
|---|---|
| Revenue | US$4.54b |
| Cost of Revenue | US$1.40b |
| Gross Profit | US$3.14b |
| Expenses | US$2.44b |
| Earnings | US$703.81m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 8.56 |
| Gross Margin | 69.26% |
| Net Profit Margin | 15.50% |
| Debt/Equity Ratio | 757.4% |
How did IT perform over the long term?
See historical performance and comparisonValuation
Is Gartner undervalued compared to its fair value and its price relative to the market?
32.14x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IT ($275.08) is trading above our estimate of fair value ($186.83)
Significantly Below Fair Value: IT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IT's PE Ratio (32.1x) is in line with the US IT industry average.
PE vs Market: IT is poor value based on its PE Ratio (32.1x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: IT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: IT is overvalued based on its PB Ratio (67.6x) compared to the US IT industry average (4.1x).
Future Growth
How is Gartner forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
-13.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IT's earnings are forecast to decline over the next 3 years (-13.2% per year).
Earnings vs Market: IT's earnings are forecast to decline over the next 3 years (-13.2% per year).
High Growth Earnings: IT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: IT's revenue (12% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: IT's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if IT's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Gartner performed over the past 5 years?
38.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IT has high quality earnings.
Growing Profit Margin: IT's current net profit margins (15.5%) are higher than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: IT's earnings have grown significantly by 38.9% per year over the past 5 years.
Accelerating Growth: IT's earnings growth over the past year (227.6%) exceeds its 5-year average (38.9% per year).
Earnings vs Industry: IT earnings growth over the past year (227.6%) exceeded the IT industry 35.8%.
Return on Equity
High ROE: Whilst IT's Return on Equity (210.4%) is outstanding, this metric is skewed due to their high level of debt.
Financial Health
How is Gartner's financial position?
Financial Position Analysis
Short Term Liabilities: IT's short term assets ($2.1B) do not cover its short term liabilities ($2.9B).
Long Term Liabilities: IT's short term assets ($2.1B) do not cover its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: IT's net debt to equity ratio (528.6%) is considered high.
Reducing Debt: IT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: IT's debt is well covered by operating cash flow (52.8%).
Interest Coverage: IT's interest payments on its debt are well covered by EBIT (10.2x coverage).
Balance Sheet
Dividend
What is Gartner current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Gene Hall (64 yo)
17.42yrs
Tenure
US$12,595,105
Compensation
Mr. Eugene A. Hall, also known as, Gene serves as Chief Executive Officer of Gartner Inc. since 2004. He is Chief Executive Officer of Gartner Consulting, Inc., a subsidiary of Gartner, Inc. Mr. Hall has b...
CEO Compensation Analysis
Compensation vs Market: Gene's total compensation ($USD12.60M) is about average for companies of similar size in the US market ($USD11.47M).
Compensation vs Earnings: Gene's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: IT's management team is considered experienced (4.3 years average tenure).
Board Members
Experienced Board: IT's board of directors are seasoned and experienced ( 14.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Gartner, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Gartner, Inc.
- Ticker: IT
- Exchange: NYSE
- Founded: 1979
- Industry: IT Consulting and Other Services
- Sector: Software
- Implied Market Cap: US$22.622b
- Shares outstanding: 82.24m
- Website: https://www.gartner.com
Number of Employees
Location
- Gartner, Inc.
- 56 Top Gallant Road
- PO Box 10212
- Stamford
- Connecticut
- 06902-7700
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 23:19 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.